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Mar 23, 2013
03/13
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runs the industry and squeezes customers for every penny they are worth, they have been banned both in law and in practice for over a century. now, here on "mad money" we play oligopoly, which is the next best thing. when you find an honest to goodness old oligopoly, remember, this is an industry controlled by a small number of players and protected against new competition coming to the marketplace. that arrangement gives existing players enormous pricing power. we have talked about this with the airlines where my favorite right now are us airways for its merger with amr as well as spirit airlines for the ultra low cost growth play. people at jim cramer on twitter, ask the other airlines, those are the ones i like the best. the rental care oligopoly, hertz and railroads where i favor the short line. no, i don't, i favor norfolk southern. that's for a coal rebound. and especially kansas city southern for shale and autos up from mexico. and one more sector to put on the oligopoly board and that's the refiners. this may seem like an industry with too many players to be an oligopoly, cvr, then
runs the industry and squeezes customers for every penny they are worth, they have been banned both in law and in practice for over a century. now, here on "mad money" we play oligopoly, which is the next best thing. when you find an honest to goodness old oligopoly, remember, this is an industry controlled by a small number of players and protected against new competition coming to the marketplace. that arrangement gives existing players enormous pricing power. we have talked about...
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Mar 22, 2013
03/13
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>> hey, there, me list sachlt just moments ago, the parliament of cyprus passed a crucial law that will allow for the restructuring of the troubled banks in this country. this is a huge step, because it helps meet the demand of european partners who were waiting for this in order to lend the country 10 billion euros. additionally, important to know that deposit holders with accounts less than 100,000 euros will be fully protected but those above 100,000 will likely be at risk. they'll have to execute over the weekend to meet the deadline by monday, that has been set by the ecb to keep supplingly kwidty. melissa? back to you. >> michelle, thank you so much for that. mike, just quickly in terms of the market action on monday, do you think we're going to respond to this? >> probably see a mild bump to the upside, but really, the issue here is, are we going -- i just don't think it's that important thing. >> all right, our time has i'm melissa lee. "mad money starts right now." >>> i'm jim cramer and welcome to my world. you need to get in the game! he's nuts! they're nuts! they know nothin
>> hey, there, me list sachlt just moments ago, the parliament of cyprus passed a crucial law that will allow for the restructuring of the troubled banks in this country. this is a huge step, because it helps meet the demand of european partners who were waiting for this in order to lend the country 10 billion euros. additionally, important to know that deposit holders with accounts less than 100,000 euros will be fully protected but those above 100,000 will likely be at risk. they'll...
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101
Mar 19, 2013
03/13
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CNBC
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we follow the facts and the law wherever they take us. and we're bringing every case that we believe can be made. [ticking] >> when we come back, we talk to a whistleblower who was inside citigroup during the financial meltdown. [ticking] try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. great first gig! let's go! party! awwwww... arigato! we are outta here! party...... finding you the perfect place, every step of the way. hotels.com mallon brothers magic? watch this -- alakazam! ♪ [ male announcer ] staples has always made getting office supplies easy. ♪ another laptop? don't ask. disappear! abracadabra! alakazam! [ male announcer ] and now we're making it easier to get everything for your business. and for my greatest trick! enough! [ male announcer ] because whatev
we follow the facts and the law wherever they take us. and we're bringing every case that we believe can be made. [ticking] >> when we come back, we talk to a whistleblower who was inside citigroup during the financial meltdown. [ticking] try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever...
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we are in london whale is supposed to be no proprietary trading for the volcker rule will bypass the law will make it risky bets will get bailed out by the government anyway and so this is you saying low interest rates not only do they deprive savers of income and deprive the economy of that economic activity but it just feeds criminality and also it causes criminals to reach. you know if you get once you're hungry you do more things for food so you know it's not just to say it was not getting return on investment it's the banks so the banks have to do more aggressive business to did that right so the low interest rates not only deprive savers of income but that also deprives banks of income so they take even riskier bets right now what about mark carney they're bringing him in from bank of canada to run the bank of england in a couple of months with this idea of getting the house in order the only possible outcome of this i think would be some massive money printing and more quantitative easing and more inflation coming to the u.k. had he said well you know it doesn't matter who you kno
we are in london whale is supposed to be no proprietary trading for the volcker rule will bypass the law will make it risky bets will get bailed out by the government anyway and so this is you saying low interest rates not only do they deprive savers of income and deprive the economy of that economic activity but it just feeds criminality and also it causes criminals to reach. you know if you get once you're hungry you do more things for food so you know it's not just to say it was not getting...
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morgan or jamie diamond completely in an illegal fashion that they broke the law they want to head of their customers and they specially stole a billion dollars so that was really the warning shot wasn't that they gamed the rules have changed that no deposit a safe anymore. the rules have changed you know the rules have been revealed you know they're probably always have been the same what is interesting is the fact that the banking system in the e.u. in the e.u. area is so fragile to begin with and anybody who came up with this idea obviously doesn't understand bank finance you know the most ubiquitous the most important and the most fleeting of all banking finance sources is the deposit because they can withdraw their money at the instance notice or be should be able to and that is the money that is the most feeding and at the same time. if you go into any buy in the . holders you know this but the part of the positive thought of this to be less powerful and that's been the story since two thousand and seven two thousand and eight when this global financial crisis first hit there's
morgan or jamie diamond completely in an illegal fashion that they broke the law they want to head of their customers and they specially stole a billion dollars so that was really the warning shot wasn't that they gamed the rules have changed that no deposit a safe anymore. the rules have changed you know the rules have been revealed you know they're probably always have been the same what is interesting is the fact that the banking system in the e.u. in the e.u. area is so fragile to begin...
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ave a local what's not enough wealth is a law in the local needs you want to community l.n.g. most will be. done for the wrap up artist i was fired almost fights. fights. fights are right. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to work just a bit longer. is the dream of millions of migrants the children might choose their own motherland. the room. i want my children to win over moscow. russia has become this stepmother land. migrants working hard to find a way home. choose your language clearly we can with knowing if they feel some. of the views of the consensus get to. choose the opinions that invigorating to. choose the stories that impact your life choose the access to your office. welcome back to the kaiser report imax kaiser john manager reggie middleton a boom bust blog dot com welcome back to the kaiser report thank you could write rigi let's talk about cyprus having crossed the rubicon. the mere thought of confiscating what is. put in the bank is basically. revealing to everybody
ave a local what's not enough wealth is a law in the local needs you want to community l.n.g. most will be. done for the wrap up artist i was fired almost fights. fights. fights are right. when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to work just a bit longer. is the dream of millions of migrants the children might choose their own motherland. the room. i want my children to win over moscow. russia has become...
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the stock market rally because the stock market rally is driven by hardened criminals and securities laws violators like jamie diamond so then know if they buy into the stocks are they supporting criminality that's one of the issues that are turning people up because they don't want to invest in this playing this financial hole a cost that is jamie diamond they don't want to invest in that so they are on the sidelines. like in some societies the the woman is forced to marry the man who was abused ok here similarly people are being forced to invest in the stock market industry people that are abusing them that's a very dysfunctional relationship financial markets rely on trust they rely on capital they rely on people participating and trusting each other to not repeat on their off so personally when i walk past times square and i see guys with their little set up and three card monte i know i'm not going to win so i keep walking i don't participate and this is what they're saying people out there investors which used to be part of a global market economy they keep on walking by there sayin
the stock market rally because the stock market rally is driven by hardened criminals and securities laws violators like jamie diamond so then know if they buy into the stocks are they supporting criminality that's one of the issues that are turning people up because they don't want to invest in this playing this financial hole a cost that is jamie diamond they don't want to invest in that so they are on the sidelines. like in some societies the the woman is forced to marry the man who was...
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Mar 23, 2013
03/13
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many of you who study banking law, financial law will know it. each was a new set of powers for regulatory, for regulators who had recently failed. in the case of the financial crisis, financial regulators were quick on the draw with new regulations that would impose more controls on the financial industry. the fed, which arguably was most at fault for failing to see the crisis coming, got the most new powers, becoming in effect the uberregulater of the financial system with the potential eventually to regulate large insurance companies, finance companies, hedge funds and money market mutual funds as well as banks. this is truly a case of not letting a good crisis go to waste. nor has the steam gone out of the regulatory engine yet. if you read the speeches of fed officials and other bank regulators from around the world, you'll find that they are eager to somehow get control of the securities market. the code words here are "shadow banking." a clever suggestion that the securities industry is engaged in banking on the sly without the necessary r
many of you who study banking law, financial law will know it. each was a new set of powers for regulatory, for regulators who had recently failed. in the case of the financial crisis, financial regulators were quick on the draw with new regulations that would impose more controls on the financial industry. the fed, which arguably was most at fault for failing to see the crisis coming, got the most new powers, becoming in effect the uberregulater of the financial system with the potential...